News

Jonathan H. Ashtor, Rachael G. Coffey, Alexia D. Korberg, Caith Kushner, Kyle T. Seifried, Brette Tannenbaum and Austin Witt have been elected to the Paul, Weiss, Rifkind, Wharton & Garrison partnership._x000D_ _x000D_

Key Energy Services has entered into an extension of its forbearance agreements with its term loan and ABL lenders until the earlier of January 10, 2020 or the occurrence of certain specified early termination events.

Barclays Capital Real Estate and Citigroup Global Markets Realty completed a a $1.5 billion mortgage loan of San Francisco’s Parkmerced on behalf of owner Maximus Real Estate Partners. AIMCO provided a $275 million mezzanine loan .

Huntington Business Credit provided a $40 million credit facility for TeleTracking Technologies and a $37.2 million facility for Laminate Technologies.

Varagon Capital Partners is serving as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition of AIM MRO by AE Industrial Partners.

The American Bankruptcy Institutes reported commercial Chapter 11 filings decreased 32% in November 2019 over November of last year, according to data provided by Epiq Systems.

LOGISTEC has successfully renegotiated its four-year revolving credit facility, increasing the amount to C$300 million ($228 million), with an option to increase the total amount to C$400 million ($303 million).

Ulrich Payne, an offshore and onshore litigator, will be joining Kobre & Kim as a partner in its Cayman Islands office.

Newbridge Global Sourcing provided a $40 million receivables financing facility to a telecommunications equipment manufacturer and $500,000 in supply chain financing to an outdoor apparel designer.

InterNex Capital Provided a $500,000 credit facility to an Arizona-based commercial printer.